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Hi Trader,I pay attention to the Eur jpy pair, its slow but steady recovery on the Yen, I think I want to continue until the resistance test corresponding to level 131.29 where (maybe just before considering the spread) we will position our TP. If this happens, we may expect a retracement, but eventually we will see it after confirmation of this action. Good job
DesmoS4's Blog
EUR AUD , we follow
Hi Trader,we follow the action of the couple in question (eur aud). After confirming yesterday's analysis and reaching our TP on the 1,584 level, we continue to follow the action. We look forward to the eventual rupture, which would probably bring us to the next level of fibonacci expansion (1,574). Today is Friday what good would be to wait for the reopening and their adjustment in the next week. This will also allow us to have any confirmations from our indicators and patterns, if indeed the r…
EUR AUD probable retracement
Hi Trader,after a tremendous boost from the Eur, we can see it has reached an important price level of 1,588, already a resistance that much support from the asset. As shown in the graph, I think that in this case too it will have its influence on an arrest, perhaps even a slight one. First of all, we will confirm, given the upward strength of the euro which could also break without stopping. the strong overbought of RSI, there are excellent chances of gain, going to position our TP with the hel…
USD CAD
Hi trader, we follow the currency pair, with usd continuing the short. You could take advantage for a decent profit up to the 1,297 price level. The volumes corresponding to this tf seem to confirm the push to get to test the resistance at 100% fibonacci. Rsi in the proximity of the impervenduto, usually wants to look for it and then re-enter the range. If all cofinanced, the profit could be around 30 pips.good job
USD SEK close to highs
Hi Trader, we notice in the upward run of USD, to have arrived near maximum resistance levels of the whole cross, in correspondence of high oversold. From the 9.03 price, a first step could be up to around 9.04. Just before the 38.2% level (upon confirmation of inversion). Take advantage of the high probability of retracement in shorts, following the asset with the help of Fibonacci expansion levels. Good job
EUR USD probable retracement
Hello Trader, after the recovery of the last hours of the Dollar, we are at a point iportante with the two neighboring levels of 61.8% Fibonacci traced to 1M and the lower Trend line always monthly. We also consider oversold reporting, so there is an excellent chance of gain on the retracement, waiting for confirmation, we operate in buy. Good job
USD JPY Long
Hello trader, after the test and the price break 110.84 corresponding to 61.8% of Fibonacci on monthly time frame, buy up to the price 111.406 static resistance. Good job